Finance Manager (Financial Reporting & Tax ) |Banking - 1 year contract
Principal responsibilities
- Act as the gate keeper of financial information on financial systems, ensuring robust underlying information used for financial, statutory and regulatory reporting of Singapore based insurance entity
- Discharge the responsibilities as 2LOD (leader on duty); provide quality and documented challenge through ARCC and other sources to demonstrate an effective 2nd LOD in Finance and call out where 1st LOD control failures impact Financial & Regulatory reporting
- Ensure month end, quarter end & year-end controllership, Group & Regulatory reporting processes are completed within the tight deadlines defined by Corporate / Regulator. Simplify & Deliver solutions that balance quality of close, disclosure, cost, time and operational risk
- Facilitate change and work closely with the business (Investment, COO, Products, Distribution) and other teams within Finance to understand the accounting/ reporting implication of the new initiatives / projects, and ensure the timely implementation of such changes from finance perspective
- Robustly reviewing current accounting and reporting practice and procedures, identify and implement initiatives for continuous improvement
- Ensuring consistency in the application of IFRS and group accounting policies for the business, working closely with the CFO, the Bank's local/regional finance teams, and Group Insurance Head Office
- Lead for the regulatory and direct & indirect corporate tax matters for the Company; Will need to liaise with the regulators including tax authorities
- Provide leadership to & manage flexible working teams of both on and off shore resources
Requirements
- At least 5 years of relevant experience in Financial Reporting.
- Knowledge and understanding of major technical components of the insurance balance sheet and their dynamics
- Knowledge of Insurance accounting or reporting with proven track record in Finance
- Excellent communication skills and ability to manage multiple stakeholders (internal and external) and conflicting priorities
- Strong sense of risk management and controls balanced along with commercial acumen
- Reviewing of group reconciliation and financial reports periodically
- Knowledge in IFRS
Mary Grace Perez Marcojos EA License No. 02C3423 Personnel Registration No. R1110449